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2025-07-28 20:34:33
[Canada's wholesale trade rebounds, is the 0.7% increase a signal of economic recovery? ] ⑴ Canada's quick estimate shows that Canada's wholesale trade volume increased by 0.7% month-on-month in June. ⑵ This growth was mainly due to increased sales in five of the seven sub-sectors. ⑶ Although this data is based on a weighted response rate of 66.0%, which is lower than the average level of 81.8% in the past 12 months, it still provides a positive signal to the market. ⑷ The rebound in wholesale trade may indicate that the Canadian economy is gradually stabilizing after experiencing fluctuations.
